Studying Abroad: The Costs

Anyone would agree choosing a foreign study destination is a difficult job. You need to weigh so many factors before you arrive at a final decision. Of course, cost and employability top the list. Duration of the course, quality of  life and part-time work opportunities also influence the decision. We bet you look for a one-stop shop where you can get all these info – impartial and authentic.

Hotcourses India offers one such great opportunity for parents and students. Our parent company Hotcourses conducted a study on the cost of education across six popular study destinations - Australia, New Zealand, UK, US, Singapore and Malaysia; then factored in a selection of day-to-day living and student wage figures. The results can help you weigh up the overall costs of a degree in each of these popular study destinations.

The study throws light on the minimum and maximum average tuition fee range for both UG & PG courses. It also talks about the average cost of day-to-day expenses like food, accommodation, travel and entertainment. Last but not the least, the study answers the all important question of how much a student can earn per week through part-time jobs.

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Hotcourses India's View

Mike Elms, founder of Hotcourses, had this to say about the comparison: ‘Quality and cost are always the two most important factors mentioned by international students when selecting a destination to study abroad. The UK and USA have always done well in terms of perceived education quality, however Asia is proving powerful competition offering degrees taught in English at a fraction of the overall cost.’

Future earning can be influenced by the reputation of the university you choose, so a short-term investment in an expensive degree from a prestigious institution can reap dividends in the long-term. It’s important for students to weigh up the cost overall, alongside a consideration of where in the world they want to be.